16
practice testMultiple Choice

Practice Test

Question 16 • Advanced Financial Algebra

Aya's portfolio includes 200 shares of Stock C and 150 shares of Stock D. Stock C was purchased at $⁢25 per share, and Stock D at $⁢30 per share. Now, Stock C is valued at $⁢28 per share, and Stock D at $⁢27 per share. What is the initial and current value of Aya's portfolio?

Answer
A
initial: 11 dollars comma 000; current: 11 dollars comma 100
B
initial: 9 dollars comma 500; current: 9 dollars comma 650
C
initial: 10 dollars comma 500; current: 11 dollars comma 100
D
initial: 9 dollars comma 000; current: 10 dollars comma 050
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